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20121223
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Search Results 0 to 21 of about 22 (some duplicates have been removed)
cliff. the white house and top lawmakers are at odds on how to avoid the crisis. on "fox news sunday" two key senators gave their thoughts on where the talks are headed. >> i would hope we would have one last attempt here to do what everyone knows needs to be done, a larger plan that stabilizes the debt and gets us moving the right direction and does it in a way that is cognizant than we have a economy that's recovering and is weak. >> the president is eager to go over the cliff for political purposes. he sees a victory at the bottom. he gets additional tax revenue, he cuts the military which democrats have been calling for and he gets to blame republicans for it. >> joining us now as he does every sunday, chris wallace. good morning, chris. >> good morning, eric. >> we just heard two conflicting views. one senator saying that they hope to have one last meeting. the other saying he thinks president obama wants to go over the fiscal cliff. chris, what do you think's going to happen? >> up till thursday, when the house voted down or didn't vote but obviously they didn't have the votes
it squarely on the white house. that story coming up next. >>> we are now nine days away from the fiscal cliff. what happens to you if there is no deal? well, your taxes are going to go up, no doubt about that. the tax policy center says households with an annual income of $20,000 to $30,000 can expect to pay $1,064 more in taxes. the average tax increase for someone making between $50,000 and $75,000 a year is $2,399 and for those making diss 100,000 to $200,000 a tax increase of more than $6,000 awaits you. there is only one person that can provide the leadership and that is the president of the united states. >> no, sir. >> there is only one person that can provide the leadership. rather than campaigning he should be here leading and, woulding with people and talking to folks on both sides of the aisle to get a solution so we don't go over the cliff. i believe the president is eager to go over the cliff. >> i don't believe that at all. there are 535 of us that can provide leadership. there are 435 in the house. there are 100 in the senate. there is the president. all of us have a responsibi
anything on the fiscal cliff greathouse have something with economics. all the senate has to do is pass something and they can go to a conference committee to get the whole thing ironed out. i think kerry reid and the senate and obama, because the democrats in the senate are doing his bidding, that is where the real obstacles to getting something done. >> there was a perception created that the vote last night would increase taxes. now, i disagree with that characterization. but that impression is out there. the number of our members who just really didn't want to be perceived as having to raise taxes. that was the real issue. gerri: in some ways he was talking about grover norquist. the man it is about this tax pledge where is the common ground there? >> the reason that we have a plan be now is because the houses are devoted to pass all of the bills. gerri: but how do you find common ground there? them and that's what the speaker was trying tdo. he was talking about the race there now. as you saw, the president and the house, where we go from here, we need republicans who are serious a
is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only be o official balls. there'll be a concert honoring .he lee terry families saturdaye held on before inauguration. out of egypt, how millions e voted on the disputed constitution. also, this cruise ship is isn't beingto italy m.rubbed from top to botto >> staring up controversy in virginia. breaking news out of egypt tonight. the constitution has received a majority of yes from more than 70%. the results were posted on the muslim's brotherhood website. was about 8ut million people. official results will not be announced for several days. taking a look at stories -- aning around the nation destroyed a home. used forte was being heat. that is what started the fire around 3:30 a.m. this morning. the house had no smoke detectors. this cruise ship is being anitized after more than hundred people got sick from a virus. the virus was likely carried onto the trip by boarding passengers. e.hip went to venic >> john hammer was arrested in thatt for carryin
. for many of us is a season of worry with the fiscal cliff hanging over all of us. if congress and the white house doesn't reach a deal to reduce the deficit, automatic spending cut goes into effect and taxes practically on everyone will go up come first of the year. we want to focus on the tax part of the equation and joining us is todd shownen berger, managing partner at land colt capital. todd, many people will be hit with the alternative minimum tax if no deal is struck. what exactly is is that and how will it affect me, you, everybody across the country? >> the amt, alternative minimum tax was put in place by congress, actually meant for the very wealthy of america, the very wealthy tax filers so that they were not taking full advantage of too many deductions and credits. the problem is there was never indexed for inflation so each year, congress those pass an exemption so therefore it protects middle class families. but it's part of the entire fiscal cliff negotiation, nothing has been passed. so we are looking at maybe 30 million americans, 30 million to 100 americans that could be de
from a fiscal cliff deal? how far? president obama said he and house speaker john boehner talked yesterday, it was their first conversation since monday, when the two sides offered up concessions on tax hikes for the wealthy, the president offered lower tax rates for people earning up $400,000 a year, and for computing entitled benefits. in his weekly address, boehner stood firm, his message for the president, the ball is in your court. >> the president and senate democrats have vowed to reject and veto all of our proposals and failing to offer responsible solutions of their own. when the president has offered so far will not do anything to solve our spending problem and address the crippling debt. and he refuses to challenge the members of his party to deal honestly with the entitlement reform and the big issues that are facing our nation. that is why we finds orz oursel here today. >> the president's christmas break in hawaii may be quick, he is planning to return to washington right after christmas, briana, live in hawaii, i'm wondering, we are talking about the fiscal cliff t
the white house. it's not catastrophic you can't consider going over the fiscal cliff. >> we've been told this is hoor risk and unemployment will shoot up and now it's not that big of a deal. >> it depends on what happens. if they turn around quickly and find the voes to do something larger it won't be. what happened this week that's important is we get from talking about a fairly large deal, 3, $4 trillion to take some long term sort of whacks. talk about something fairly small over the next five or six days, just to raise taxes and no real entitlement cuts. latourette said when he left there would be republican votes in the house for this measure if there was a spending piece, and it had to be 2-1. they have a ways to go to get to that arrangement. >> the world on the other side of the cliff is probably more difficult for republicans than democrats, because as you pointed out in your question, if there is stalemate, taxes go up on everyone. you know, that would take it -- there are some people that say that's the best outcome going back to the clinton tax rates. it takes a huge bite out
. that doesn't mean they don't have work to do as the fiscal cliff looms. i take it this is a working vacation. >> reporter: white house officials have described this as a working vacation and talks are going on behind the scenes between white house staffers and hill staffers. the reality is the bulk of this probably won't get done until after christmas when lawmakers are expected to resume negotiations. there is a lot of frustration especially among senior members in both parties in part because president obama, house speaker john boehner seem so close to getting a deal done. they were really close on taxes and entitlement reform. we saw that last week house speaker john boehner couldn't get his plan b through the house. aides tell me right now president obama does not feel as though he has to compromise much more. he believes he has the leverage because he won reelection. >> on taxes i know it is hard for the republicans but the president ran on that platform. 250. no taxes for people below but taxes above. he won. 60% of the voters said they were for it in the exit polls including some repu
christmas and efforts to keep us from plunging over the fiscal cliff are on hold for now. leaders claim they will work a p house leader john boehner said the white house proposal doesn't go far enough to stop massive spending. failure will trigger tax hikes and spending cuts. >> there are weeks of protest over the constitution which opponents say give too much power to president morsi . egypt's vice-president resigned and his position will be elim flated altogether and word that government's central bark quits. i am back to huckabee. for all of the headlines go to fox news.com. the pro lifer versus pro abortion is heating nup ireland. the woman complained of pain and she asked for a abortion believing she miscarried her young baby. the doctors refused to abort the child saying the fetal heart beat was still. the women died three days later. the incident caused controversy all over the world . american pro abortion advocates pressured hillary clinton. joining us is hilary rose. an irish citizen nevy brown delair woman of love institute. it is so good to have you hered today. ireland is a
sunday, the latest on the looming fiscal cliff and results of the benghazi report, plus the gun control debate heats up as the white house unveils a new gun violence task force headed by vice president joe biden. a preview when we return. >>> and another look at the national christmas tree outside. that's washington monument. we'll be back in a moment. . >>> we're back with your look at what's upcoming, new and noteworthy. it's your capitol rundown for the week of december 24th, 2012. starting off monday, at 11:00 a.m., george washington's mount vernon estates opens the rarely-scene third floor for christmas at mount vernon event, detailing how the first president marked the holidays. doors open at 9:00 a.m. tuesday, december 25th is christmas. federal offices are closed along with many houses of worship, but the basilica of the national shrine will celebrate christmas masses throughout the day. the shrine is at 400 michigan avenue in northeast. >>> wednesday, december 26th, smithsonian community museum presents separate and unequal, black baseball in the district of columbia, focusing
of the effects of the fiscal cliff and get a tax cut extension for those making $250,000 or less. wealthier americans would pay for. you would avoid the fiscal cliff for now. you kick the can down the road. this is washington dysfunction at its height but it would forestal the cliff >>> i wonder if we are seeing a change to speaker boehner that got his hand slapped by some members of his party. is there long-term damage here? >> the white house is that they don't have a real partner to negotiate with. republicans are facing a reality that the public is supportive of raising taxes on wealthier americans. they are likely to have to support that. the question is always whether boehner is going to move forward without a majority support from his own party on a particular bill that may start from coming from the senate. these are debates that have to still be resolved. even if there is a short-term deal, these big issues over taxes and spending are far from resolved. if we get into the president's second term, they are still going to be occupying him. >> for folks who maybe may not have focused,
-- if the white house and congress don't make a deal in the next nine days to avoid the fiscal cliff we ring in the new year with big tax increases and spending cuts. here to talk about what is going to happen are two leading senators. john barasso, chairman of the republican policy committee and from new york democrat kent conrad, chairman of the senate budget committee. senators welcome back to "fox news sunday." >> thanks for having me. >> good to be with you. >> chris: before heading to hawaii for christmas the president laid out a new stripped down plan to avert the fiscal cliff. here is what it is. extend the bush tax cuts for people making less than $250,000. extend unemployment benefits for the 2 million people who will run out next month and delay the sequester of $110 billion in spending cuts next year. for all of the talk of $4 trillion in debt reduction this plan would only save $800 billion over ten years. senator conrad is that the best that washington can do over the next nine days and can you pass even that? >> look, chris, it may come to that but we can do better. and we sho
from the largest tax hike in american history was no movement toward a fiscal cliff deal more in the action in the house or senate. the responsibility now to avoid massive taxe and draconian spending cuts reting squarely on the prsident. fox news chief white house correspondent ed henry with our report. >> just as our economy is really starting to recover and starting to see optimistic signs and we have seen actually some upside to from a whole range of areas, including two from including housing, now is not the time for more self-inflicted wounds , seven not the estimate from washington. lou: president obama's top advisers were quick to dump on the speaker come -- declaring he is backed into a corner. >> they went from plan b to plan seal later. the fact that they could not even plan -- pass that was an embarrassment. >> in private the president's advisers admit they are bit more apprehensive firmly believing mr. obama has the upper end of the public. if the market takes the hit to the commander-in-chief we will still face his share of heat for washington this function to may
has one thing on its plate with the fiscal cliff. lawmakers have headed home for the holidays. candy crowley joins any now with a preview of her show. good morning. what's the reaction to the nra's proposal at the capitol there? >> not just the capitol, but i think pretty much nationwide a lot of people looked at it and said, whoa. you know, more guns is not the solution to this. now, mind you, what the nra is proposing and what it's trying to put into place is a program that is, you know, voluntary. they wouldn't force schools to do anything. the nr a said it could voluntees and et cetera, et cetera. the idea that gun control was not spoken of in the nra's first reaction, i think, struck some people as wrong. so there definitely was a lot of blow-back about it. what's the nra trying to do? it's trying to change the conversation. they think the debate should be about safe schools as opposed to guns, and obviously they're the gun lobby so you can understand that. that's what they were doing, and i mean, they got a lot of fierce pushback by some of the folks on capitol hill and some in
's a virtually all-white party. there's no indication it's going to change as we can tell from the fiscal cliff. they want to make it as difficult as possible for latinos and african-americans to vote. the fewer that vote, the better it is for them. i think that's true. >> they are sort of admitting it. i want to show a map of 33 state that is passed the voter id laws. you can look at the map and see the sweep across the south. take california off the table and there's a strangle hold the republicans have in the deep south they are strengthening with voter id. i want to go back to judith on that point. you talked about the meeting to federalize elections. what can be done when the laws are on the books and cases upheld by a higher court. with 33 states already having voter id, what do you think are the realistic things we can do to make voting easier, federalize it, as you said earlier? >> of course we have the problem of, you know, a congress that is going to be deadlocked around this issue. the senate and senator durbin will probably try to move something. there's good bills pending on the ho
becoming greece. >> today, despite the president being in hawaii, the fiscal cliff is still on the agenda. kristen welker is with the president in honolulu. good day to you, kristen. what are you hearing there? >> reporter: alex, good morning to you. white house officials say this is very much a working vacation, no word if president obama has actually spoke on the congressional leaders at this point. i can tell you that conversations are going on at the staff level. but the reality is that the hard work, the final touches probably won't be put on these bills or this bill, rather, that they're hoping to get until lawmakers, the president, return to washington. and of course that won't happen until after the christmas holiday. this has a lot of people worried, alex, because as you say there's not a lot of time left to get a deal done. president obama, house speaker john boehner, were very close to getting a deal. president obama had given a little on entitlement reform, house speaker john boehner had given a lit until terms of agreeing to increase taxes. but they just couldn't get to the f
for the president and house republicans to find common ground and avoid that fiscal cliff. >> i am still ready and willing to get a comprehensive package done. >> we'll continue to work our colleagues in the congress and white house on plan that will protect small businesses. >> alisyn: after a week, still at a stand still. where should the the congress go from here. >> good morning. >> alisyn: most people will consider what happened this week with john boehner's failure to bring even a vote on so-called plan b to be an embarrassment for the speaker, but you think that the g.o.p. dodged a bullet here? >> yeah, they dodged a serious bullet here in in case, when you think about it one of the most appealing quality of their brand they're principally opposed to tax increases that we don't have a revenue problem that we have a spending problem. to be on record as voting for a very anti-growth tax increase, i think, would imperil their house majority. >> and stf with just new years avenue, december 31st he. but he says actually the drop dead is the 27th to do the technicalities they have to do to pa
Search Results 0 to 21 of about 22 (some duplicates have been removed)